Avanath affordable capital

Avanath utilizes a differentiated, focused investment strategy to pursue opportunities in: --Affordable multifamily housing --Urban real estate --Commercial and multifamily mortgages Led by Daryl J. Carter, the Avanath management team averages 25 years of experience and has successfully guided investment funds in defining growth opportunities ...

Avanath utilizes a differentiated investment strategy to pursue opportunities in the Affordable/Workforce Housing, and Urban Multifamily market sector. Since its inception in 2008, Avanath has raised over $1 billion of investment capital, primarily from Endowments, US Pension Funds, International Pension Funds, Foundations, Banks and Life ... annual cash-on-cash returns of 6-10%. Avanath’s target affordable market comprises 4.5 million apartment units and represents approximately 25% of the apartment inventory in the U.S. The ownership in this sector is highly fragmented, primarily comprised of small, regional owners and developers that are motivated by development and other fees.

Avanath Pays $35M for Affordable Asset in Texas’ Capital At the time of sale, the 280-unit property was 96.4 percent occupied, with historical occupancy averaging 98 percent over the last three ... “The need for quality affordable housing impacts all demographics everywhere,” says Daryl Carter, founder, chairman and CEO of Avanath Capital Management. “Whether a millennial priced out of a city’s urban core or a baby boomer retiring, downsizing and living on a fixed income, this demand continues to grow across the U.S.” McKinley and Avanath Capital Management announced the launch of mckinley - avanath, a residential property management venture that will focus on affordable housing. The enterprise will manage apartment communities acquired by Avanath for its various investment platforms as well as assets owned by ...

Avanath Capital Management Acquires 156-Unit Workforce Housing Asset in New York Metro submarket 3/20/17 Avanath Capital Management, LLC , an institutional fund manager that has invested in over $1 billion in affordable and workforce housing properties throughout the United States, has acquired Grand Pointe Park, a 156-unit workforce housing asset in the Poughkeepsie submarket of the greater New York metro. The Simpson Housing portfolio totals 26,000 affordable housing apartments in 33 states, the District of Columbia and Puerto Rico, according to Avanath Capital Partners. Avanath Affordable Housing II is based out of Irvine. The firm last filed a Form D notice of exempt offering of securities on 2014-11-14. The filing was for a pooled investment fund: private equity fund The notice included securities offered of Equity,Pooled Investment Fund Interests advisory & capital raising Accord, through its broker/dealer affiliates, provides real estate corporate advisory and capital raising services to an array of industry participants. The firm delivers critical insights across a variety of real estate sectors, strategies, geographies and risk profiles. "We certainly have a major affordability crisis in this country," Avanath Capital Management founder and CEO Daryl Carter said. The deficit of rental units that are affordable and available to low ...